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COVID-19 is a convenient catalyst for a crash that was waiting to happen.
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‘What More Do You Need to Know?’ Health Insurance Stocks Drive Wall Street Rebound on Biden Super Tuesday Wins
“Biden is the preferred candidate for the financial markets.”
Health insurance industry stocks surged Wednesday morning in the wake of former Vice President Joe Biden’s strong showing in the Democratic presidential primary’s Super Tuesday contests, opening up 600 points after traders appeared to bet the candidate’s resurgence would box out any chance of single-payer universal healthcare.
“What more do you need to know,” tweeted journalist Jack Mirkinson of the market’s spike.
what more do you need to know https://t.co/a7ZeOAKSu8
— Jack Mirkinson (@jackmirkinson) March 4, 2020
Sanders has made Medicare for All a centerpiece of his campaign. The healthcare industry has poured millions in ad buys against Sanders after the Vermont senator won primaries in Iowa, New Hampshire, and Nevada.
“The industry has long seen Biden as their white knight,” said Dr. Adam Gaffney, the president of Physicians for a National Health Program and an outspoken Medicare for All advocate.
Biden on Tuesday won at least nine of the 14 states up for grabs to Sanders’ four. At press time, Maine was yet to be called, with Sanders and Biden locked in a razor-thin contest.
[More]
Read My Current Blog Posts
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- Congresswoman’s interview makes clear we cannot forget insurrection nor allow guilty to go free
- Names of the Capitol alleged insurrectionaries with complaints or indictments.
- The words Biden’s Inauguration Poet Amanda Gorman used in Lester Holt interview even more insightful
- Texas Activists carrying symbolic coffins marched at the home of Ted Cruz demanding his resignation.
- Watch President Biden tells his staff that he will fire them on the spot for Trump-like behavior!
- The Capitol Assault—Roots and Solutions
- Chuck Todd to false equivalency Republican, Only one side that tried to overthrow the Capitol.
- McConnell throws Trump, Ted Cruz, & Josh Hawley under the bus on the seditious insurrection.
- Camo or no, traitors clearly visible
- Katy Tur panel explains how the Republican Party became a cult.
- Why good people do evil things with a clear conscience? Abstraction explained.
- Karen Finney: “This is who we are.” But her message to both Democrats & the GOP was more profound.
- Southern Populism and the Secret History of Segregation
- Insurrection on Capitol: Funeral for White Supremacy. These people are the barnacles on the future.
- Rep. Clyburn calls them out as a hate group and reveals an American unfortunate truth.
- Rep. Jim Clyburn admonished Republicans. Tell the truth about the election. Stop hurting the country.
- Why Jan 6th attempted coup on the US should give legs to #DefundThePolice
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- What are ski resorts, gear makers, and professional skiers and snowboarders doing to fight global warming?
My Other Posts At DailyKOS.com`
